The A/R Turnover Ratio Is the Ratio of Net Credit

question 195

True/False

The A/R turnover ratio is the ratio of net credit sales to average net accounts receivable.

---

Definitions:

Direct Format

A straightforward and clear way of organizing information, often used in writing and communication, where the main point is presented first followed by supporting details.

Consensus

General agreement or collective opinion among a group of people.

Supporting Points

Arguments or evidence provided to reinforce the main idea or thesis in a piece of writing or speech.

Scope

The extent or range of an activity, project, or subject matter.